Fears of further clampdown on protesters emerge as Zimbabwe implements Fund-backed economic reforms.
Conditionality impacts
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Conditionality
Analysis
Structural adjustment is dead, long live structural adjustment
As Fund publishes its first comprehensive review of conditionality since the financial crisis, questions arise about the Fund's capacity to create economic stability and the rise of structural conditions.
Conditionality
Analysis
IMF framework on social spending out of step with international standards
Fund publishes social spending strategy, civil society deems outcome too little too late.
Conditionality
Background
Austerity and the right to health - the IMF’s role in expanding fiscal space for public spending
Notes from the Civil Society Policy Forum session on 10 April on the incoherence between IMF-backed austerity policies, via loan conditionality and policy advice, and the realization of the right to health.
Conditionality
Commentary
Strikes overturn wage cuts, but IMF blindness risks ruining Tunisia
General Secretary of Tunisia's largest trade union calls for an overhaul of the IMF's approach to bring about socially just expansionary policies, after strikes overturn IMF-backed wage bill
Conditionality
Analysis
The political cost of IMF programmes
As Jordan is engulfed in social unrest and political upheaval, questions are raised around the relationship between IMF conditionality and trends in instability.
Conditionality
Analysis
The IMF's approach to social protection and the crisis of multilateralism
UN Special Rapporteur publishes report on IMF and social protection, calls on Fund to practice what it preaches.
Conditionality
Analysis
Bad news for Argentina: The cruel IMF is back
As Argentina agrees to a $50 billion IMF loan, the ghost of loans past lingers, as protests erupt and strikes begin.
Conditionality
Analysis
Pro-poor or anti-poor? The World Bank and IMF’s approach to social protection
Stephen Kidd critiques Bretton Woods Institutions' approach to targeted social protection systems, arguing the poor lose out the most.
Conditionality
Commentary
Tunisians take to the streets over IMF-imposed austerity
Despite claiming to no longer support austerity, the IMF has imposed damaging cutbacks on the people of Tunisia as part of its loan conditionality, leading to widespread discontent on Tunisian streets.
Featured briefings
6 October 2022
World Bank and IMF Annual Meetings 2022
4 October 2022
The Bretton Woods Observer: Autumn 2022
4 October 2022
Monetary power and sovereign debt crises: The renewed case for a sovereign debt restructuring mechanism
The sovereign debt crises threatening states in the Global South are less about fiscal mismanagement and more about monetary power in the global currency hierarchy.